Kellanova reports results for the quarter ended December 31 - Earnings Summary

Kellanova

06/02/2025 14:32

* Kellanova  K.N  reported quarterly adjusted earnings of 92
cents​​ per share for the quarter ended December 31, higher than
the same quarter last year, when the company reported EPS of 78
cents.  The mean expectation of eighteen analysts for the
quarter was for earnings of 83 cents per share. Wall Street
expected results to range from 80 cents to 89 cents per share.
    * Revenue fell 1.6% to $3.12 billion from a year ago;
analysts
expected $3.10 billion. 
    * Kellanova's reported EPS for the quarter was $1.04​.
    * The company reported quarterly net income of $365 million.
    * Kellanova shares had risen by 1.1% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.2%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 17
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the food
processing
peer group is also "hold"

Wall Street's median 12-month price target for Kellanova is
$83.50 
This summary was machine generated from LSEG data February 6 at
02:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.83           0.92           Beat
 Sep. 30 2024      0.85           0.91           Beat
 Jun. 30 2024      0.90           1.01           Beat
 Mar. 31 2024      0.85           1.01           Beat